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Non-Tech : The ENRON Scandal

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To: opalapril who wrote (2755)2/13/2002 1:43:39 PM
From: Mephisto  Read Replies (1) of 5185
 
"But right now the Bush administration is busily doing the most important thing
a government can do to promote biznes: nothing.

So far Harvey Pitt, the chairman of the Securities and Exchange Commission,
has failed to propose any meaningful reform in the lax rules that made Enron
possible.
And as Floyd Norris noted last week in this newspaper, the Bush
administration has balked at providing a significant increase in the S.E.C.'s
budget — even though "it pays far less than the private sector and, more amazingly, less than other
federal regulatory agencies."


Excerpt from :Krugman on "biznesmen."

nytimes.com

NEW YORK TIMES

February 12, 2002
Business Versus Biznes
By PAUL KRUGMAN
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